It’s hard to believe but now the Post Office – projections of the stock market
Poste Italiane offers an interesting opportunity to its customers, both regular and new ones. The company, controlled by the state, is giving away a prize of 400 euros thanks to the 3-year plus interest-bearing bond, but on one condition. Let’s find out which one.
Poste Italiane has been shedding its skin for some time now. From a company focused on the delivery of envelopes and parcels, it has transformed into a company that also offers financial services, in terms of financing and savings. For example, those who want to buy a house don’t think about the post office to take out a mortgage. And it hurts because the Italian company grants loans for the purchase of real estate up to 80% of the value, with a term of up to 30 years.
Poste Italiane has been shedding its skin for some time now – depositidiborsa.it
Furthermore, Poste Italiane has been active on the savings front for decades, with postal passbooks ei Fruit bearing bonds. The latter are in direct competition with government bonds for theirs safety. But even with deposit accounts for the ease of subscription and the liquid assets they offer. So they are an excellent solution for those who do not want to pay the balance on the current account.
The less known but very important aspect that characterizes the savings bonds
The saver is spoiled for choice. The ordinary voucher has a variable duration, but a maximum of 20 years. Interest-bearing bonds have a time horizon of 3 years, 4 years, 6 years, 8 years, up to those with a maximum duration of 12 and 16 years. All these coupons have one characteristic in common, even if often overlooked. The longer the saver keeps the voucher, the more he earns.
In practice the maximum yield you get it holding the Bond until its natural expiry and the final reward is a function of time. The yield, however, does not grow like a curve, in a regular way, but goes in steps. That is, Poste Italiane recognizes a return only after a certain period of timei.e. 1 year, 3 years or 4 years.
Anyone who wants to buy a house doesn’t think about the post office to take out a mortgage
Hard to believe but now the Post Office is giving away 400 euros to these lucky customers
Thanks to this mechanism, Poste Italiane offers a bonus to the saver who invests in the 3-year Plus voucher and keeps it until expiration. For instance, who invested 10,000 euros in this Voucher and awaited the natural repayment, would earn 400 euros. In fact, the yield on the 3-year Plus bond at the time of the analysis is 1.5% gross at maturity. It means that anyone investing in the Bond today and holding it until its natural repayment could enjoy a return of 1.5% per annum gross of taxation (12.5%).
It may seem hard to believe but now the Post Office offers a sort of loyalty bonus to those who hold the Vouchers until they expire. In fact, we have read in the lines above how those who buy a 10,000 euro 3-year Plus voucher receive a prize of 400 euro. To be precise, 399.7 euros. But the prize is paid for each amount even if, of course, the figure changes with the change of the investment. For example, by investing 50,000 euros, Poste’s “loyalty bonus” after 3 years would be almost 2,000 euros.
